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Hbcu 20X20 Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842260592 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Hbcu 20X20 Foundation?

HBCU 20X20 Foundation is a notable nonprofit organization situated in Washington, D.C., specifically at 1250 Connecticut Avenue NW. Its primary objective is to empower Black students by offering paid fellowship programs, ensuring they are well-prepared for opportunities with partner employers. The rigorous application process and workshops help guarantee top-tier talent, ultimately leading to job or internship placements at the end of the fellowship program. HBCU 20X20 is renowned as the largest network for HBCU and Black job seekers, with a mission to provide equal job opportunities and career resources for students attending Historically Black Colleges and Universities (HBCUs). Since its inception as a social enterprise in 2017, the organization has grown exponentially, currently boasting over 25,000 members. HBCU 20X20's initiatives also extend to alumni from all 105 HBCUs, offering them professional development resources through its HBCU 20X20 Foundation. To achieve its goals, the organization has built a robust recruiting platform, collaborating with over 250 corporate partners to share job opportunities.


Is Hbcu 20X20 Foundation legitimate?

Hbcu 20X20 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hbcu 20X20 Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,000

For more financial information, click here


What is the mission statement of Hbcu 20X20 Foundation?
Who is the CEO of Hbcu 20X20 Foundation?
What is the revenue of Hbcu 20X20 Foundation?
Who are the executives of Hbcu 20X20 Foundation and what are their salaries?
Where can I find the form 990 for Hbcu 20X20 Foundation?

Mission Statement of Hbcu 20X20 Foundation

The HBCU 20X20 Foundation, known as the world's largest network for HBCU and Black job seekers, is on a mission to pursue opportunities for others with unwavering determination. Originating from the belief that students at Historically Black Colleges and Universities (HBCUs) should have equal job opportunities and career resources as those at Ivy League Institutions, the foundation was established as a social enterprise in 2017 with an ambitious goal: to employ 20,000 HBCU students by the year 2020. Since then, the organization has experienced exponential growth, transitioning from a quantity-focused approach to a quality-driven one, boasting over 25,000 members.

Today, the HBCU 20X20 Foundation owns a recruiting platform to share job opportunities with its extensive network of over 250 corporate partners. The organization's primary focus lies in serving students and alumni from all 105 HBCUs by providing professional development resources. With this mission, the foundation aims to bridge the gap between HBCU graduates and the corporate world, ensuring that the talented individuals from these institutions have the same career opportunities as their counterparts from other prestigious universities.

Impact

This information is meant to be a general summary of Hbcu 20X20 Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

HBCU 20X20 Foundation's impact is substantial in the realm of providing opportunities and support to HBCU and Black job seekers. By offering paid Fellowship Programs, they ensure that Black students are well-prepared for job opportunities with their partner employers. This not only guarantees top talent but also helps in the professional development of individuals within the HBCU community. Through their platform and partnerships with over 250 corporate entities, the foundation has been able to connect and share job opportunities with their extensive network of more than 25,000 members from all 105 HBCUs. This initiative has not only helped in creating employment opportunities but has also addressed the gap in career resources between HBCUs and Ivy League Institutions, making a significant impact in the lives of many individuals.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $0
  • Program Service Revenue: $422,570
  • Gross Receipts: $872,570

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HBCU 20x20 Fellowships

    Revenue

    $338,000

    Network to Networth

    Revenue

    $50,000

    HBCU 20x20 Job Board

    Revenue

    $23,570

    HBCU 20x20 Mock Interview Program

    Revenue

    $6,000

    VYP Research Institute

    Revenue

    $5,000

    Organization Details

    Founding Year

    2019

    Principal Officer

    Nicole Tinson

    Main Address

    1250 Connecticut Avenue NW, Washington, DC, 20036

    NTEE Category

    Code: J20 - Employment

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